Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
None
Lot size
3.25 acres
Pelican Pass at Massalina Bayou presents a rare opportunity to acquire an entitled waterfront development site in the heart of Panama City's waterfront district. The property consists of approximately 3.247 acres with 650 linear feet direct frontage on Massalina Bayou. Asking price of $4,500,000. The property benefits from a recorded and assignable Development Agreement providing vested rights for residential and marina development. Multiple development paths are supported, including attached residential/townhomes, detached single-family residential, multifamily residential and marina-oriented waterfront development. Zoned Mixed-Use 3 (MU-3) within the City of Panama City. The sale includes Bay County Parcel ID # 19528-000-000. ALTA/topographic survey, development agreement, existing conditions, townhome concept plans, draft plat, marina layout, single-family lot concept, construction/utility exhibits, seawall proposal and marina proposal. This reduces uncertainty and allows a buyer to immediately evaluate the project as a partially assembled waterfront development opportunity, not raw land.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
-
Waterfront YN
YES
-
View
Bay
Area & Lot
-
Lot Features
Paved, Waterfront
-
Lot Size(acres)
3.25
-
Lot Size(square feet)
141439.0
-
Property Type
Land
-
Property Sub Type
UnimprovedLand
Price
-
Sales Price
$4,500,000
-
Tax Amount
$12,265.5
-
Zoning
City, Commercial, Other - See Remarks, Resid Multi-Family, Resid Single Family
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
Cherry Street
-
Middle School
Jinks
-
High School
Bay
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Location
County
Bay
Elementary School
Cherry Street
Middle School
Jinks
High School
Bay
Listing Courtesy of Chris S McCall , Counts Real Estate Group Inc
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Realtor®
Geannette Turner
Call Geannette today to schedule a private showing.
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